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Search Results 0 to 4 of about 5
PBS
Feb 20, 2013 7:00pm PST
to the economy prematurely. the fed policy board is expected to examine the effectiveness of its asset purchasing program more closely after its next meeting in march. housing construction is a key indicator of the health of u.s. economy. the number of permits for new construction rose for a third straight month. this suggested recovery in the housing market remains on track. department of commerce officials say housing starts last month came to 890,000 units. that's a decline of 8.5% from december. construction of condos and other multifamily tumbled 26%. the drop was enough to offset a rise. housing permits rose 1.8% from december. that's the highest level since june 2008 before the start of the global financial crisis. let's get a check on tokyo markets. first taking a look at stocks. market sentiment is damaged. the nikkei is trading at 11,423. sources say investors are selling export related issues to take profits after recent gains. moving onto currencies now. the fed minute that hint at scaling back monetary easing has led to dollar buying. the dollar against the yen is being quoted at 93.
PBS
Feb 21, 2013 7:00pm PST
. ai joins us from the business desk. >> major economies embark on similarly bold monetary easing measures just as japan. it works to weaken all of their currencies as well. as for japan a report from the international monetary fund dismisses worries that japan's monetary easing could lead to a global currency war. the concerns are overstated. the report states the recent move in the currency market is correcting the excessively strong yen. it says recent market moves reflect the fundamentals of the global economy. imf officials point out that japan's trade deficit is growing and moves by traders to by the yen as a relatively safe currency has paused. these factors led to weaker yen. stronger monetary easing measures are needed. the report was issued at the g20 meeting that took place last weekend in moscow. >>> many participants at a recent trade policy meeting may also have backed japan's economic program, but some national delegates voiced concerns about the falling yen. japan's representatives faced a policy review at the world trade organization in geneva. wto members general
PBS
Feb 22, 2013 7:00pm PST
,000. >>> the european commission says the euro zone economy will contract for the second straight year in 2013. the commission says it expects gross domestic product to shrink 0.3% in the 17-nation euro zone from last year. that compares with the previous forecast of 0.1% growth. the commission said tight lending conditions, job cuts and sluggish investment are dragging the recovery. but it's projecting 1.4% growth for 2014. the commission says leading indicators suggest that the regi region's economy is bottoming out. and economic activity is expected to gradually pick up. >>> it may look like a wristwatch, but it's a computer. technology giant apple has filed a patent application for a computer that people can wear like a watch. the u.s. patent and trademark office disclosed apple's patent filing on thursday. the computer has a flexible touch panel display. sensors inside detect a change in the state of sub straights and automatically adjusts to user interface to a new position. the computer wirelessly connects to other devices like smart phones. media reports last week that apple is develop
PBS
Feb 15, 2013 7:00pm PST
the algerian economy, and there have helping the algerian people. they kept a presence in the country for more than 40 years, even during the civil war in the 1990s. the story has inspired other japanese to make a change. shingo works as a system engineer, he recently visited the japan cooperation agency. he has been looking for a chance to take part in development work overseas. >> the victims worked hard, and risked their lives. i do not understand why they were killed. i may not be able to do much, but i would like to contribute to international society as much as possible. >> he, and many others in japan, don't want the workers to have died for nothing. they want to honor them with their words and their actions. ntk world, tokyo. >>> the hostage crisis frustrated japanese officials as conflicting information trickled in. >>> prime minister abay says he wants to deal with emergencies better. >> translator: i want to create an environment where we can properly discuss diplomatic and national security issues on a daily basis from a strategic viewpoint that will enable us to deal with various
PBS
Feb 18, 2013 6:30pm PST
. draghi and others in focus of the economy recovering. the german recovery in a modest pace. >> the dax finished up by nearly .5%. eurostoxx 50 up just a bit. the euro trading slightly higher, $1.3350. venezuelan president hugo chavez has made a surprising return of from cuba where he had another surgery for cancer and treatment. but she had not been seen since undergoing a fourth operation last december. his supporters turned out in numbers to welcome him back home. >> celebration on the streets of caracas. they're coming out to show their joy of the president's return. >> welcome back to venezuela. >> we love you. there is an entire population and that will support new always. >> it to the speculation to rest, he released these pictures showing him with his daughters. he appears alert and in good spirits. they broadcast messages from members of the government will commingle leader back. he told them that the president was in good condition but would be continuing his cancer treatment. supporters gathered in front of the hospital where he is being treated. despite enthusiasm and his re
Search Results 0 to 4 of about 5